
South Korea posted current account surplus for 39 months in a row, the longest surplus trend in history, central bank data showed Thursday.
Current account surplus, the broadest measures of cross-border capital flow, was 8.65 billion U.S. dollars in May, up 6.3 percent from a month earlier, according to the Bank of Korea (BOK).
The current account balance stayed in black for 39 straight months since March 2012, topping the 38-month-long surplus from June 1986.
For the first five months of this year, the current account surplus reached 40.24 billion dollars, up 27.9 percent from the same period of last year.
The BOK set its 2015 outlook for current account surplus at 96 billion dollars on the back of low crude oil prices.
The current account surplus had kept a record-breaking trend with 81.15 billion dollars in 2013 and 89.22 billion dollars in 2014.
GMT 16:26 2018 Wednesday ,29 August
Morocco, Cuba Start 'Unprecedented and Historic Era' in their RelationsGMT 16:13 2018 Wednesday ,29 August
Morocco, Dominican Republic Discuss Means to Promote CooperationGMT 18:51 2018 Sunday ,21 January
Tensions mount in Rohingya camps ahead of planned relocation to MyanmarGMT 18:47 2018 Sunday ,21 January
Macron shares African outrage on Trump’s vulgar languageGMT 18:41 2018 Sunday ,21 January
Jordan urges Pence to rebuild trust after Jerusalem pivotGMT 18:37 2018 Sunday ,21 January
UN Security Council to discuss Syria on MondayGMT 18:23 2018 Sunday ,21 January
Iraqi court sentences to death German woman who joined DaeshGMT 18:19 2018 Sunday ,21 January
Turkish state media say Turkey’s ground forces have entered Syrian Kurdish enclave
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor